The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers on the terms of this Agreement the principal sum of up to USD 75,000,000 in two equal Tranches of USD37,500,000 each in up to three Advances.
Appears in 2 contracts
Sources: Facility Agreement, Facility Agreement (Navios Maritime Holdings Inc.)
The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers on the terms of this Agreement the principal sum of up to USD 75,000,000 USD52,000,000 in two equal Tranches of USD37,500,000 up to USD26,000,000 each in up to three five Advances.
Appears in 2 contracts
Sources: Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Acquisition CORP)
The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers on the terms of this Agreement the principal sum of up to USD 75,000,000 USD52,200,000 in two equal Tranches of USD37,500,000 up to USD26,100,000 each in up to three five Advances.
Appears in 2 contracts
Sources: Facility Agreement, Facility Agreement (Navios Maritime Acquisition CORP)
The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers Borrower on the terms of this Agreement the principal sum of up to USD 75,000,000 in two equal Tranches of USD37,500,000 each USD23,000,000 in up to three four Advances.
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The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers on the terms of this Agreement the principal sum of up to USD 75,000,000 154,000,000 in two equal Tranches of USD37,500,000 USD77,000,000 each in up to three six Advances.
Appears in 1 contract
The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers Borrower on the terms of this Agreement the principal sum of up to USD 75,000,000 in two equal Tranches of USD37,500,000 each USD23,000,000 in up to three Advances.
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The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers Borrower on the terms of this Agreement the principal sum of up to USD 75,000,000 in two equal Tranches of USD37,500,000 each USD40,000,000 in up to three Advances.
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